Annual Report 2001 - Flughafen Wien

Annual Report 2001
Transition from present value to provision
in T€ 2001 2000
Present value of pension obligations
as of 31.12. 50,065.2 52,772.4
Actuarial gain not recorded (accumulated) 6,540.8 20,327.5
Provision as of 31.12. per balance sheet 56,606.0 73,099.9
Expenses arising from pension obligations
in T€ 2001 2000
Service cost 1,703.1 2,988.3
Interest expense 3,197.8 4,009.8
Actuarial gain recorded -9,888.9 -1,250.1
Expenses arising from pension obligations -4,988.0 5,748.0
Development of provision for pension obligations
in T€ 2001 2000
Provision as of 1.1. per balance sheet 73,099.9 79,762.9
Expenses arising from pension obligations -4,988.0 5,748.0
Transfer to pension fund 0.0 -6,972.2
One-time settlement payments for pensions -9,153.9 -3,546.4
Pension payments -2,352.0 -1,892.4
Provision as of 31.12. per balance sheet 56,606.0 73,099.9
Development of actuarial gain/loss
in T€ 2001 2000
Actuarial gain not recorded (accumulated) as of 1.1. 20,327.5 12,933.3
Corridor as of 1.1. 5,277.2 6,683.0
Surplus 15,050.3 6,250.3
Distribution period in years 5 5
Actuarial gain not recorded (accumulated) as of 1.1. 20,327.5 12,933.3
Actuarial gain, current year -3,897.8 8,644.3
Actuarial gain recorded -9,888.9 -1,250.1
Actuarial gain not recorded (accumulated) as of 31.12. 6,540.8 20,327.5
Provisions for service anniversary bonuses
___Employees of Austrian companies are entitled to receive special bonuses for long years
of service. The specific entitlement criteria and amount of the bonus are regulated by the
collective bargaining agreements for employees of public airports in Austria.
Provisions for part-time employment for older employees
___This item reflects mandatory payments to personnel who work part-time under special
regulations governing employment for older members of the workforce, as well as the costs
for time worked above and beyond the agreed number of hours.
Provisions for Reimbursement “KMOG“ Fund
___This item includes the non-current portion of the provision for reimbursement of tax
expense for the “KMOG“ fund.
Notes 89